Palm Beach Hedge Fund Association partners with Clear Street
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Palm Beach Hedge Fund Association partners with Clear Street 05 December 2023US Reporter: Sophie Downes
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The Palm Beach Hedge Fund Association (PBHFA) has partnered with New-York based independent prime broker Clear Street.
As part of the collaboration, Clear Street will open a new office in West Palm Beach, which will be home to senior leaders of the company’s investment banking team.
Florida-based PBHFA is an organisation for investors and financial professionals, connecting investors and capital allocators with opportunity and providing deal-making support.
The partnership will offer a broad suite of financial solutions, paired with Clear Street’s sales, trading and prime brokerage platform.
David Goodboy, founder of the PBHFA, says: “Clear Street is building a technology-focused investment banking business that provides innovative financial services to emerging growth companies and institutions. ”
Nicholas Hemmerly, co-head of investment banking at Clear Street, adds: “Clear Street is one of the fastest-growing fintechs in North America, and we see an opportunity to expand our footprint in West Palm Beach as our practice grows.”
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